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This Company is Done     31-Oct-09 10:17 pm    
I hope I am very wrong on this. But IMHO there is no hope for this mess. Changes made by the new management have really f****d the place. Where did they find these people? Turnaround experts - give me a break. These "experts" wil be the ONLY people to walk away from this mess with money and in a few cases a lot of money.

IMHO it will be shut down right after Christmas. Many very talented people with quality customer service skills will lose their jobs. Those who are loyal (and hence dumb enough) to stay on until this mess declares Chapter X will not even get a severance check. They will show up for work one day and read the "Sorry we are Closed" sign on the front door with hopefully a phone number telling them where to pick up their last check.

Unfortunately, I speak from experience. It happened to me as a long term emloyee of a now defunct national chain. Mycompany loyalty was rewarded with a disaster for me and my family.
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bustracker0...

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  Subject Author Rating Time of Post (ET)  
 
This Company is Done
bustracker0... (1 Rating) 31-Oct-09 10:17 pm  
 
Yes, but weren't they also going to close after Ch...
nabokov41 (1 Rating) 3-Nov-09 12:50 pm  
 
BRG is one of two brick-and-mortar bookstores...
pn1409 Rate it 19-Nov-09 09:34 am  
 
Make that BGP. Sorry. Cash flow and ...
pn1409 Rate it 19-Nov-09 09:37 am  
 
Well, there are a lot more than just 2 B...
jpsetiassoc (1 Rating) 19-Nov-09 09:57 am  
 
Borders closed mall based stores, w...
pn1409 Rate it 19-Nov-09 11:25 am  
 
If Borders continues to expand...
luckymaggie... Rate it 19-Nov-09 12:48 pm  
 
Agreed. If you have some spec...
jpsetiassoc Rate it 19-Nov-09 04:26 pm  
 
"Shoppers will always need to ...
usethaforce (1 Rating) 23-Nov-09 02:16 pm  
 
Yeah, it makes the amazin...
jpsetiassoc (1 Rating) 23-Nov-09 04:06 pm  
 
Posts are disappearing conveniently.
library.pag... Rate it 24-Nov-09 01:33 pm  
 
it's an alright company but first we'll need ...
promo3445 Rate it 24-Nov-09 01:53 pm  
 
Any idea of how many Borders stores/leas...
interloperj... Rate it 24-Nov-09 02:08 pm  
 
The truth is out there, Scully. . .
seakret_aje... Rate it 24-Nov-09 07:17 pm  
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Borders Group, Inc. (BGP)

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